Bob Iaccino breaks down the recent price action in December Gold futures, noting an early reversal that left the market down for a fifth week in six. Despite a soft September nonfarm payrolls report adding just 29,000 jobs, the CME FedWatch Tool continues to price in a December rate hike, keeping the macroeconomic environment challenging for precious metals. Treasury yields remain a primary headwind, with both the 10-Year and 30-Year yields hitting their highest levels since 2002.